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Business Description
Mannatech Inc (Mannatech) is a global wellness solution provider. The company develops and sells innovative, high-quality, proprietary nutritional supplements, skincare and anti-aging products, and weight-management products that target optimal health and wellness. Mannatech operates in the nutritional supplement industry and sells its products in twenty-five markets through network marketing distribution channels. The company has approximately 145,000 active associates and preferred customer positions held by individuals who purchased its products and packs or paid associate fees.
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R&D Overview
Mannatech has been actively involved in research and development initiatives, particularly in the area of patent protection and trademark registration. The company committed to quality-driven research and development, utilizing systematic processes for developing proprietary product formulas and identifying quality suppliers and manufacturers. The company's R&D efforts include new product development, enhancement of existing products, clinical studies and trials, FDA compliance, safety monitoring/adverse event reporting, and the science and substantiation of products. As of December 2024, the company had 38 registered trademarks in the US and three pending trademark applications with the US Patent and Trademark Office. It had 532 registered trademarks in 35 foreign jurisdictions and 28 trademark applications pending in 10 foreign jurisdictions. As of December 2024, the company had 74 patents assigned, issued, granted, or validated in major global markets for technology related to its product formulations, including Ambrotose, Ambrotose AO, Ambrotose Life, GI-ProBalance, PhytoMatrix, and NutriVerus, as well as in the field of biomarker assays. The company has two patent applications pending in two foreign jurisdictions. The company has strategic alliances with suppliers, consultants, and manufacturers to support its R&D efforts.
Geographical Segments
Target Markets
Operates in Canada, Mexico, and the US.
Performance
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Target Markets
Operates in Japan, New Zealand, Australia, the Republic of Korea, Taiwan, Singapore, Hong Kong, Thailand, and China.
Performance
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Target Markets
Operates in Norway, Austria, the Republic of Ireland, Namibia, the Netherlands, South Africa, Spain, Sweden, the UK, the Czech Republic, Denmark, Estonia, Finland, and Germany.
Performance
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